Cabinet Rejects BTL-SMART Acquisition
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Insights by Echo AI
Cabinet has rejected Belize Telemedia Limited's proposed acquisition of SMART/Speednet after careful deliberation. The decision comes after unions announced plans to demonstrate against the deal. Cabinet acknowledged the deal had become a matter of national concern and that it had a duty to review all available data and relevant information. The Belize National Teachers Union and the National Trade Union Congress of Belize had planned a demonstration against the acquisition on Tuesday, August 18.
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